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Salary for M.Sc IT Graduates: Highest Paying Job Roles for M.Sc IT [2023]

Are you an MSc IT student wondering what career you should pursue? Then you’ve come to the right place. This article will help you figure out your career and make an informed decision. You’ll learn the median MSc IT salary in India and discover the highest-paying jobs for people with this qualification. Let’s get started.

The following article will clear all your doubts regarding MSC salary in India per month. Furthermore, you will also get to know why MSC in Computer science is so important, as well as the MSC salary per month along with the MSCIT job salary range for Computer Science, as offered by various enterprises. 

Average Salary of MSc IT Graduates

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The average salary of MSc IT graduates in India is INR 7.17 Lakh per annum. Popular roles for MSc IT students include Software Developer, Senior Software Engineer, Technical Consultant, and Quality Assurance Engineer. Freshers’ MSc IT salary is INR 2.6 Lakh per annum. The salary of MSc IT graduates with sufficient industry experience goes up to INR 20 Lakh per annum. 

As you can see, your experience and skills matter a lot as they determine how much you’ll get paid. Apart from those factors, your location and employer matter too. For example, TCS gives around INR 4 lakh per annum to INR 20 Lakh per annum to MSc IT graduates. On the other hand, Cognizant’s MSc IT salary ranges from INR 7 Lakh per annum to INR 10 Lakh per annum. 

Read: Top Professional Courses After Graduation

Jobs with the Highest MSc IT Salary

Before moving deeper into the MSCIT job salary range, You should know the roles that offer the best MSc IT salary. This knowledge can help you make a detailed career plan and figure out the best choice for you. Let’s begin: 

Senior Network Engineer

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A Senior Network Engineer designs and builds computer networks for their organization. They are responsible for the proper functioning of that network. Sometimes, they are tasked with managing the system for a third-party client. Their job has its challenges because the system should always be balanced.

It should allow for easy data flow. Network engineers require excellent problem-solving skills to fix any issues when the network starts facing problems. They might have to add security systems to the company’s existing networks. 

Another crucial skill for network engineers is budget management, as they have to build the required network within the designated sum usually. 

The average wages of Senior Network Engineers in India are INR 7.45 Lakh per year. Freshers in this role earn around INR 2.4 Lakh per annum. However, with more experience and expertise, their wages increase substantially. Professionals with 5 – 9 years of experience as network engineers earn around INR 7.98 Lakh per annum.

Senior Network Engineers with 10+ years of experience earn more than INR 10 Lakh per annum on average. Your location is also a determining factor in this field as network engineers in Bangalore make 10% more than the average, whereas they earn 19% less in Delhi. 

Security Consultant (IT)

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Security Consultants (IT) are specialists in network security who help companies secure their technological assets and networks. Such consultants are responsible for keeping their organization’s data safe from dangerous enterprises and malware.

Security consultants conduct regular audits across various departments to ensure they are safe from any digital threats. Security consultants are responsible for identifying weaknesses in the organization’s network.

They might have to create rules and regulations for the company’s staff, so they follow the best practices to avoid digital threats. The importance of cybersecurity professionals has increased substantially, and so, the pay of such professionals is quite lucrative.

The median pay of a Security Consultant (IT) in India is INR 7.24 Lakh per annum. Mid-career security consultants earn a median salary of INR 9 Lakh per annum. On the other hand, professionals in this field with more than ten years of experience are earning an average salary of INR 20 Lakh per annum.

It offers an excellent MSc IT salary. However, you would require additional certifications to pursue this role. To become a security consultant in IT, you’ll need a cybersecurity certification to learn the necessary skills and become the recruiter’s preferred choice. 

Software Test Lead

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Software testing is a crucial section of its development. That’s why a popular career choice for MSc IT students is Software Testing. A Software Test Lead is responsible for a test team. They have to apply testing processes while managing their team. They are responsible for the successful testing of the required software.

Their responsibilities depend on the kind of software their organization works on. Different software has different features and specifications; that’s why their duties can vary substantially. Testing might happen before the product is finished or after the same. That also depends on the kind of software the organization works on. 

The median pay of a Software Test Lead in India is INR 10 Lakh per annum. It is undoubtedly a lucrative field. However, you’ll need substantial industry experience and skills to pursue this role. As it is a management role, having an MBA will enhance your chances of bagging this role undoubtedly.

Other popular skills for this role are Test Automation, Planning, and Regression Testing. Beginners in this sector earn around INR 6.2 Lakh per annum. Seasoned professionals with more than ten years of experience can earn an average compensation of INR 11 Lakh per annum. 

Technical Consultant

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Technical consultants give expert advice and suggestions to their companies. Businesses often find technical consultants through consulting firms or other methods (LinkedIn, for example). Technical consultants help their customers get familiar with the required technology to use it for their operations.

That’s why you must have strong communication skills to excel in this field. Technical consultants usually have higher-level degrees and specific certifications in their areas. They troubleshoot and fix any equipment or technical problems present in their client’s system. Apart from troubleshooting, they install and set up their client’s systems and services. 

The median salary of a Technical Consultant in India is INR 8.2 Lakh per annum. Popular companies with technical consultants include Deloitte, Capgemini, HCL Technologies, etc. Beginners in this field earn a median salary of INR 3.48 Lakh per annum, whereas those with more than ten years of experience earn INR 14 Lakh per annum on average. 

Senior Software Programmer

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Senior software programmers are team leaders who are responsible for building or programming the required software for their clients. As the software sector has grown in our country, the demand for software developers and programmers has increased accordingly.

Senior software programmers are responsible for the overall development of their company’s software products. They must have strong problem-solving skills to overcome any obstacles that may arise during the testing and development processes.

Apart from those skills, they should be good leaders as they are responsible for their team’s performance. Many MSc IT professionals in this field get additional certifications according to their industry’s demands. 

The average pay of a senior software programmer in India is INR 8.75 Lakh per annum. With only 1-4 years of experience, you can earn around INR 4.26 Lakh per year in this field. On the other hand, experienced senior software programmers earn a median salary of INR 20 Lakh per annum. The most prominent companies that hire senior software programmers include Cognizant, IBM India, Accenture, and Tata Consultancy Services.

If you’re interested to learn more about software development, check out upGrad & IIIT-B’s PG Diploma in Full-stack Software Development which is designed for working professionals and offers 500+ hours of rigorous training, 9+ projects, and assignments, IIIT-B Alumni status, practical hands-on capstone projects & job assistance with top firms. Read more on software developer salary in India. 

Software Product Manager

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A product manager is responsible for the data collection, development, testing, launch, and performance of their company’s specific product. They manage a team of professionals and handle communications between different departments to avoid errors.

Product managers have to meet with clients to understand their requirements. They get feedback from customers and use it to enhance their product development. Product managers have to streamline the development process and plan their products’ commercialization to get the optimal results.

They need to stay updated with the latest industry trends. Apart from an MSc IT degree, you might need a product management certification to pursue this role. Companies look for skilled professionals, as this role demands a unique blend of technical proficiency and management skills. 

The average pay of a software product manager in India is INR 16.8 Lakh per annum. The most prominent employers for this role include Oracle and Dell. Beginners in this field start with an average salary of INR 10 Lakh per annum. Mid-career software product managers earn a hefty salary of INR 20 Lakh annum on average.

Those with more than 20 years of industry experience can earn up to INR 32 lakh per annum. Your location in this job matters a lot as it can affect your salary substantially. For example, Product managers in Bangalore earn around 18% more than the industry average. On the other hand, product managers in Delhi earn 28% less. 

MSC In Computer Science

Before we delve deeper into the MSC CS salary in India, let’s take a look at what exactly it covers and why it is considered to be important for every graduate. In this age of digitization, various fields have witnessed immense growth in terms of career opportunities. Computer Science is one such field that has attracted various computer enthusiasts over the years because of its several career opportunities. Furthermore, there are numerous benefits that you can derive from the right MSC CS course. Some of them might include, 

  • Brings you closer to a doctorate.
  • Provides you with lucrative opportunities in the teaching field.
  • Comes with high salary packages.

Skills Required For Pursuing MSC in Computer Science

Needless to say, the MSC CS salary in India is quite high when compared to other relevant courses. However, with that being said, a few skill sets are required of every graduate who wants to pursue an MSC in Computer Science. It is important to keep in mind that the below set of skills is generic and does not hold true for every MSC course.

  • Data Analysis Skills
  • Should have proficiency in technical writing
  • Must have basic knowledge of Mathematics, Probability, and statistics
  • Basic understanding of software development, computer, and technology

Now that you have a somewhat understanding of what exactly MSC in Computer Science refers to, let’s take a look at the different career opportunities that it provides.

  • Data Scientist
  • Software Developer / Software Engineer
  • Business Manager Development
  • IT Security Specialist
  • Software Test Engineer

Furthermore, some of the top private companies of the world such as Wipro, Amazon.com Inc, Oracle, Cognizant, and Infosys, among others, are also looking for MSC graduates. This might actually be extremely beneficial for all MSC aspirants because they not only get the opportunity to the practical application of their knowledge but also get to enjoy high packages. M.SC salary in India per month, for certain job profiles, is undoubtedly one of the highest in the current market. With that said, let’s take a look at some of the MSC salary per month figures for Computer Science, according to job profiles.

The average MSC CS salary in India is Rs. 17.7 lakhs per year and can extend up to Rs 40 lakhs per annum. The below-mentioned list is the M.SC salary in India per month for Computer Science 

Computer Scientist – Approximately Rs 1.8 lakh per month

Security Engineer- Approximately Rs 60,000 per month

Software Architect- Approximately Rs 1 lakh per month

Security Engineer- Approximately Rs 55,000 per month

Must Read: Highest Paying Jobs in India

MSc IT Graduate: All You Need to Know About Them

An M.Sc IT graduate is someone who has successfully finished a postgraduate degree that focuses on advanced knowledge and abilities in information technology. This academic path provides learners with a thorough grasp of all facets of IT, equipping them for a variety of careers in the dynamic and continuously changing technology business.

What does an M.Sc IT Programme entail for students taking up this UG course?

An M.Sc IT programme typically lasts two years and includes a wide range of disciplines, including:- 

  • Software development
  • Database administration
  • Networking
  • Cybersecurity
  • Artificial intelligence
  • Data analytics

The programme is meant to equip graduates with a thorough and specialized grasp of these topics, allowing them to apply their knowledge in real-world situations.

What skills do M.Sc It graduates develop after completing the course? 

One of the unique qualities of an M.Sc IT graduate is their capacity to think critically and solve problems in the context of information technology. They are taught how to assess complex issues, design effective solutions, and deploy technical efforts to handle organisational obstacles. This skill set is especially essential in a digital world marked by rapid innovation and a demand for adaptive individuals.

Plus, M.Sc IT graduates frequently participate in research and development activities throughout their academic careers. This might include researching upcoming technologies, carrying out tests, and contributing to the progress of IT expertise. Research-oriented coursework and projects help them improve their analytical abilities, cultivating a mentality that values continual learning and remaining current on industry trends.

The M.Sc IT programme often combines theoretical and practical components. Graduates acquire firsthand knowledge through projects, internships, and practical exercises, that make it possible to apply academic principles to real-world circumstances. This combination of theory and practical application means that M.Sc IT graduates are not only knowledgeable about academic notions, but also have the practical abilities required by businesses in the IT field.

What fields can M.Sc graduates pursue? 

Graduates of the M.Sc IT degree are well prepared to pursue a variety of employment choices. They may opt to specialise in software development, cybersecurity, data science, or IT management based on their interests and abilities. M.Sc IT graduates are sought after by companies in a variety of areas, including technology, finance, healthcare, and manufacturing.

An M.Sc IT graduate is someone who has successfully finished a rigorous and extensive postgraduate programme in information technology. These graduates, equipped with a thorough knowledge of IT principles, excellent problem-solving abilities, and practical experience, are set to make important contributions to the ever-changing world of technology.

Job Scope of MSc IT Graduate 

M.Sc IT graduates have a wide range of job opportunities, reflecting the different skills and knowledge they gain during their postgraduate education. They are well-equipped to manage the changing world of information technology and contribute to a variety of industries. The following are some important areas of work scope for M.Sc IT graduates:

  • Software Development: M.Sc IT graduates frequently work as software developers, designing programmes, systems, and solutions that fulfill enterprises’ technical requirements. They could have expertise in programming languages, web development, or mobile app development.
  • Database Management: With a solid understanding of database systems, M.Sc IT graduates can succeed in areas such as database design, implementation, and administration. They guarantee that companies can store, retrieve, and manage data efficiently.
  • Network Administration: Graduates of M.Sc. IT programmes could opt for jobs managing and optimising a company’s computer networks. This involves activities like configuring hardware, maintaining network security, and addressing connectivity difficulties.
  • Cybersecurity: The growing threat of cyberattacks has increased the need for cybersecurity specialists. M.Sc IT graduates specialising in cybersecurity can work as security analysts, ethical hackers, or information security officers to defend organisations from potential hazards.
  • Data Science and Analytics: M.Sc IT graduates with a solid foundation in data analysis and statistics are well-suited for data science and analytics positions. They apply their expertise to uncover significant insights from huge data sets, hence assisting decision-making processes.
  • IT Consulting: M.Sc IT graduates can apply their skills to advise firms on technology strategy, system installations, and digital transformation efforts.
  • Project Management: With an understanding of IT project management, M.Sc IT graduates may take on leadership responsibilities managing the planning, implementation, and effective delivery of IT projects inside organisations.
  • Research and Development: Some graduates may opt to work in research and development, helping to improve technology. This might include positions in academia, research institutes, or private business labs.
  • IT Management: Graduates with a management concentration can move on to leadership roles within IT departments, controlling overall technology strategy, and budgets, and ensuring alignment with organisational goals.
  • Entrepreneurship: Armed with a solid grasp of IT trends and business requirements, several M.Sc IT graduates launch their own tech enterprises or consulting organisations.

Factors Influencing MSc IT Salary in India 

MSc IT Salary in India is influenced by a variety of factors, reflecting the industry’s dynamic character. Understanding these elements is critical for companies and job seekers. Here are the important factors that influence M.Sc IT salary in.

  • Specialisation: The specialisation of your choice in this field also determines your MSc IT job salary. Those who specialise in high-demand fields such as artificial intelligence, machine learning, cybersecurity, or data science typically command greater pay due to the specialised skills they bring to the table.
  • Industry Sector: An M.Sc. IT graduate salary is significantly influenced by the industry in which they work. For example, careers in the IT and software development industries can provide competitive pay, yet positions in academia or research may have distinct salary structures.
  • Experience Level: As with any career, experience plays a major role in determining MSc computer science salary in India. M.Sc IT graduates with several years of relevant work experience often earn greater pay than entry-level professionals. Continuous learning and skill improvement can also increase wages.
  • Geographical Location: MSc computer science salary might vary greatly depending on where you work. Cities with higher costs of living and more demand for IT experts, such as Bangalore, Hyderabad, and Pune, frequently pay higher wages than other places.
  • Company Size:  Jobs after MSc IT and salary are influenced by the size and scope of the employing organisation. Large multinational corporations may provide more competitive pay and perks than smaller enterprises or startups.
  • Certifications: Additional certifications might increase your MSc computer science salary. Industry-recognised qualifications in project management, cloud computing, and cybersecurity can lead to better pay.
  • Networking and Soft Skills: Strong networking and soft skills, such as communication, collaboration, and problem-solving ability, can help in professional advancement and increase in MSc computer science salary. Professionals who succeed in these areas can be considered for executive positions with better remuneration.
  • Work Role and Duties: Jobs after MSc IT salary and duties have a considerable impact on income levels. Leadership positions, such as project managers or IT managers, often pay greater than entry-level employment.
  • Market Demand: The job market’s demand for certain skills and responsibilities of people having an MSc in computer science salary can have an impact on salary. Emerging technology or speciality talents in high demand may result in higher salary packages for professionals with such skills.
  • Economic Circumstances: Overall economic circumstances and industry developments might influence compensation levels. Economic expansion and greater demand for IT services can result in better remuneration for qualified workers. This will serve as a great opportunity for aspirants to influence their MSc in computer science salary

Final Thoughts

We hope you liked this article on the median Msc IT salary and the best jobs for MSc IT graduates. If you have any questions or suggestions regarding this topic, please let us know by dropping a comment below.

In 2024, MSc IT salary in India is expected to change significantly, reflecting the industry’s ongoing progress. Graduates with specialised skills in high-demand fields like artificial intelligence, cybersecurity, and data analytics should expect attractive job possibilities. Embracing continuous learning, remaining current with industry trends, and using knowledge of emerging technologies will be critical to securing the highest-paying employment opportunities in the dynamic sector of information technology.

Q1. Is MSc. in IT the same as BE or B.Tech?

Since Information Technology is now one of the most sought-after fields in the domain of higher education, there has been an ever-growing demand among students and aspirants. To cater to this huge demand, institutes across the country are now offering various courses related to IT, and MSc. in IT is one such course that has gained significant popularity. However, MSc. IT is not the same as a BE or B.Tech degree, i.e. a person completing MSc. IT cannot be deemed at par with a BE or B.Tech graduate. It is a post-graduate course offering the necessary practical and theoretical knowledge of aspects related to its focal subject, i.e. IT. However, it is recognized all across India and worldwide.

Q2. What is environmental science?

Environmental science is the domain of science that deals with the interactions between the chemical, physical and biological components that constitute the environment. It also studies the effects and relationships of these various components with the living organisms that inhabit the environment. Broadly, environmental science can be segmented into three primary goals – to understand how human beings interact with the environment, learn how the world of nature works, and determine how human beings affect the environment. Environmental science is typically an interdisciplinary domain since it incorporates ideas and data from several other disciplines, from biology, geology and chemistry to social science and economics, political science, and more.

Q3. What is my career scope after studying Museology?

Museology is very closely related to archaeology; it is essentially the science of management and administration of museums. This field of science is a multidisciplinary domain with a lot of career scope. Museology students are recruited by the museum authorities that the State Government and Central Governments control. The majority of museums in India offer internship programs to students, and there are permanent high-paying government jobs. Museology students are offered job profiles like museum director, archivist, curator, conservation specialist, educator, exhibit designer and more.

Is MSc. in IT the same as BE or B.Tech?

Since Information Technology is now one of the most sought-after fields in the domain of higher education, there has been an ever-growing demand among students and aspirants. To cater to this huge demand, institutes across the country are now offering various courses related to IT, and MSc. in IT is one such course that has gained significant popularity. However, MSc. IT is not the same as a BE or B.Tech degree, i.e. a person completing MSc. IT cannot be deemed at par with a BE or B.Tech graduate. It is a post-graduate course offering the necessary practical and theoretical knowledge of aspects related to its focal subject, i.e. IT. However, it is recognized all across India and worldwide.

What is environmental science?

Environmental science is the domain of science that deals with the interactions between the chemical, physical and biological components that constitute the environment. It also studies the effects and relationships of these various components with the living organisms that inhabit the environment. Broadly, environmental science can be segmented into three primary goals – to understand how human beings interact with the environment, learn how the world of nature works, and determine how human beings affect the environment. Environmental science is typically an interdisciplinary domain since it incorporates ideas and data from several other disciplines, from biology, geology and chemistry to social science and economics, political science, and more.

What is my career scope after studying Museology?

Museology is very closely related to archaeology; it is essentially the science of management and administration of museums. This field of science is a multidisciplinary domain with a lot of career scope. Museology students are recruited by the museum authorities that the State Government and Central Governments control. The majority of museums in India offer internship programs to students, and there are permanent high-paying government jobs. Museology students are offered job profiles like museum director, archivist, curator, conservation specialist, educator, exhibit designer and more.

How can M.Sc. IT graduates increase their earnings potential?

To increase MSc IT salary in India, graduates should prioritise continuous skill growth, specialise in high-demand areas, and consider acquiring industry-recognized certifications. Networking and having practical experience are equally important for professional growth.

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